Monday blues on D-Street as Sensex, Nifty end lower; MM down 5%

Equity benchmarks had a subdued performance on Monday, with the Sensex shedding around half a percent. The Nifty ended below 10,900-mark. There was relative underperformance among the broader markets, with the Nifty Midcap index falling nearly 2 percent. Barring the tech stocks, automobiles, energy, and pharmaceuticals ended in the red. Having said that, indices had…

Bears have a field day as Sensex dives 420 points, Nifty below 11,000

Bears had a field day as benchmark indices witnessed a big plunge, especially in the last hour of trade. The Sensex cracked a little over 420 points, while the Nifty gave up the psychological 11,000-mark and ended below 10,950. Tepid global cues, selloff in big names such as Tata Motors and Vedanta dented sentiment. Weakness…

Last hour selloff drags Sensex in red zone, Nifty below 11,100

Possible profit booking by investors, especially after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced a surprise rate cut, could not shore up the market. Last hour selloff pushed the Sensex in the red territory, while the Nifty was back below 11,100 after hitting this level for a brief period. The Bank…

Sensex just short of 37,000, Nifty above 11,000; Tech Mahindra up 8%

What a strong day of trade! Equities closed the session with strong gains. The Nifty ended above 11,000-mark, while the Sensex was just short of 37,000. Both indices managed to close at over four-month highs, according to a CNBC-TV18 report. In the broader market, the Nifty Midcap index witnessed a recovery of over 200 points…

Sensex, Nifty end flat amid good global cues

It’s a flat close for the market on Tuesday morning, with the Nifty managing to hold 10,900-mark. Indices traded in a narrow range through the day, but gave up some gains towards the end of session. The broader market indices continued their underperformance, with BSE Midcap & Smallcap closing lower by 0.5% & 0.9% respectively….

SGX Nifty indicates flat opening for Indian indices

<!– Market Opens: Benchmark indices are trading flat with Nifty holding above 10,900 level. At 09:17 hrs IST, the Sensex is up 27.16 points at 36609.90, while Nifty is up 13.40 points at 10925.70. About 336 shares have advanced, 455 shares declined, and 43 shares are unchanged. JSW STeel, Bharti Airtel, Tata Steel, are trading…

Index heavyweights lift market from lows; Nifty above 10,900

A good fight put up by the bulls in the last hour ensured that the market had a good start to the week. The Sensex closed with gains of over 100 points, while the Nifty ended above 10,900-mark. Buying counters were buzzing in case of index heavyweights such as Reliance Industries as well as HDFC…

Equities end volatile Budget session on a positive note; Nifty just below 10,900

It was certainly not a trading session for the weak-hearted as the Budget-day trading was marked by severe volatility. Indices, eventually, managed to end in the green, but not before seeing wild swings in both the directions. The Nifty ended below 10,900-mark. Financials were the big underperformers through the session, with Nifty Bank being dragged…

Indices holding gains ahead of Budget 2019; metal stocks under pressure

<!– Market Opens: It is firm opening for the benchmark indices ahead of Budget announcement with Nifty holding above 10,850 level. The Sensex is up 83.63 points or 0.23% at 36340.32, and the Nifty up 29.30 points or 0.27% at 10860.30. About 458 shares have advanced, 275 shares declined, and 34 shares are unchanged.  Dabur,…

Indices end flat ahead of FOMC meet outcome, FO expiry

Equity benchmarks have ended the session on a flat note, off the day’s low points. The Sensex ended just below the flatline. The Nifty, meanwhile, ended just above 10,650-mark. A steady show was seen by financials, as the Nifty Bank outperformed all of its peers. ICICI Bank was the big gainer and managed to pull…